AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” (Excellent) on the $846 million (of which $450 million remained outstanding as of March 31, 2025), 6.00% Series Hannover, ...
Banks that have entered into billions of dollars of credit-linked notes transactions or gotten approval to do so recently include U.S. Bancorp in Minneapolis, Huntington Bancshares in Columbus, Ohio, ...
NEW YORK, Dec 11 (Reuters) - Rising interest rates and the dissipation of popular credit trade is likely to increase the popularity of some structured credit products, which in many cases may be more ...
Bayview Asset Management issued on Wednesday a US$315.81m floating-rate credit-linked note referencing a portfolio of car loans originated by Huntington, a regional US bank. The issuance, Bayview's ...
Ally Financial has joined the ranks of banks doing deals known as synthetic credit-risk transfers. These deals—for a price—might make lenders look less risky for certain purposes. They don’t transfer ...
(The following statement was released by the rating agency)NEW YORK, March 12 (Fitch) Fitch Ratings has affirmed the ratings on 19 credit-linked notes (CLN) following a periodic review. A spreadsheet ...
(Reuters) - A clarification of capital rules by the Federal Reserve may encourage U.S. banks to transfer more of the risk in their loan portfolios to investors, potentially letting them free up ...
NEW YORK, April 15 (Reuters) - Demand for corporate credit-linked notes, which waned considerably following the credit crisis, is on the rise again in the United States and Canada as participants seek ...
14 Aug 2024 (Johannesburg Stock Exchange) Investec Bank Limited has announced the listing of its new financial instrument, IVC308, on the Johannesburg Stock Exchange (JSE). This listing introduces R30 ...
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” (Excellent) on the $846 million (of which $487 million is currently outstanding as of March ...